Business Studies (2015) | Class 12 (Second Year) | AHSEC | Assam Higher Secondary – Previous Year Question Paper

2015
BUSINESS STUDIES
Full Marks: 100
Pass Marks: 30
Time: 3 hours

The figures in the margin indicate full marks for the questions.

1. Answer the following questions:
a)      At which level business policy is farmed?                                                                       1
b)      Who defined management as the art of getting things done through others?                  1
c)       Which principle of management promotes team spirit?                                                  1
d)      Which technique of scientific management does provide of eight specialist foremen over workers?         1
e)      Name the function by which managers build an organization through the recruitment, selection and development of individual as capable employees.     1
f)       Which is the most costly capital for a company?                                                           1
g)      In which year NSE came into existence?                          1
h)      Which marketing philosophy gives more importance to ‘Consumer Welfare’ instead of ‘Consumer Satisfaction’?                                                                                             1

2. Mention two features of planning.                                                                                2

3. What do you mean by organisation structure?                                                               2

4. Why internal source of recruitment is considered to be more economical?                                      2

5. Name four elements of directing.                                                                                      2

6. Write two features of money market.                                                                                                                               2
7. State three importance of controlling.                                                                             3

8. Discuss the relationship between planning and controlling.                                          3

9. State in brief the three decisions involved in financial management.                        3

10. State five leading functions of middle level management.                                       5

11. State five leading techniques of scientific management.                                           5

12. How a business is influenced by political and legal environment?                            5

Or

How globalization has affected business in India?

13. Discuss any five limitations of planning.                                                                  5

14. Explain briefly the process of staffing.                                                                     5

Or

Distinguish between recruitment and selection.

15. Define financial market. Explain four functions of financial market.                                    1+4=5

Or

Explain five instruments of money market.

16. Discuss in brief the factors that are taken into consideration while taking decision on pricing the product.        5

17. What is divisional organisational structure? Outline three merits and demerits of such structure.       2+3+3=8

Or
Mention the four steps in the process of organisation. How centralization differs from decentralisation? 4+4=8

18. Discuss in detail eight fundamental principles of directing.                                                             8

Or

Distinguish between formal and informal communication. State three barriers to communication.    5+3=8

19. What are the three aspect of financial planning? State two objectives and three importance of financial planning. 3+2+3=8

Or

Distinguish between fixed and working capital. Explain the factors that determine the amount of fixed-capital need. 4+4=8

20. Discuss eight leading functional areas of marketing.                                             8

Or

What are the elements of promotion mix? Discuss any two of them.                          2+3+3=8

21. Explain any three responsibilities of consumer to safeguard his interest.                               3

Or

Why entrepreneurship is regarded as a creative activity?                                                             3

22. Explain the role of consumer organizations and NGO’s in protecting and promoting consumer interests.       3

Or
Outline three basic forces of entrepreneurial motivation.